An insurer not licensed in South Carolina is classified as what type of insurer?

The correct classification for an insurer not licensed in South Carolina is "Unauthorized." An unauthorized insurer is one that has not been granted a license by the state’s insurance department to conduct insurance business within that state. Such insurers are typically not subject to the same regulatory requirements as licensed insurers, which can include financial solvency, consumer protection laws, and reporting obligations.

In this context, "Domestic" refers to insurers that are incorporated and licensed to operate within South Carolina specifically. "Foreign" insurers are those that are licensed in one state but operate in another state, and "Alien" insurers are those that are incorporated outside of the United States but may do business in South Carolina. Since the insurer in question has no licensing in South Carolina at all, it does not fit any of these categories, making it unauthorized.